Key Takeaways:

June unemployment rate came in at 4.1%, down from 4.2% in May.

The figure beat market expectations of 4.3%, signaling stronger labor market resilience.

Data may influence Fed policy outlook amid ongoing inflation and rate cut discussions.

The U.S. unemployment rate dropped to 4.1% in June, according to new labor market data released Friday. This marks a slight improvement from 4.2% in May and came in below expectations of 4.3%, indicating a better-than-anticipated performance in the job market.